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USD/CAD

  • #10,921
  • Dec 15, 2016 6:37am Dec 15, 2016 6:37am
usdcad next target will b 1.40
  • #10,922
  • Dec 15, 2016 7:38am Dec 15, 2016 7:38am
Quoting seanwg
Looks like you got your break Above 1.33, next area of focus 1.36 again. Funny how much she reversed this morning... wonder what the rate increase will do for oil... that whole complex needs a good dump again
Thanks Seanwg, a much needed break indeed. Perhaps the confidence and self esteem will seep back ever so slowly, if you know what I mean. One cannot be wrong forever...but, man! That was too long.
  • #10,923
  • Dec 15, 2016 7:53am Dec 15, 2016 7:53am
Quoting fxmadxx
usdcad next target will b 1.40
Calm down Soros. Call the first target.
The coincidental success is more dangerous than the expected failure
  • #10,924
  • Dec 15, 2016 9:06am Dec 15, 2016 9:06am
What is next 1.343? and then back to the 50% fib at 1.357?
Attached Image (click to enlarge)
Click to Enlarge Name: usdcaddailydec15.png Size: 406 KB
forex forex forex
  • #10,925
  • Dec 15, 2016 10:53am Dec 15, 2016 10:53am
Quoting swimmax
What is next 1.343? and then back to the 50% fib at 1.357? {image}
1.3430 is the closest target, yes. After that I think the pair will continue towards the previous high at 1.3588.
  • #10,926
  • Dec 15, 2016 12:23pm Dec 15, 2016 12:23pm
Quoting julesocean
{quote} Should revisit 1.34 at some point.

Reloading short now.
  • #10,927
  • Dec 16, 2016 12:53am Dec 16, 2016 12:53am
Quoting julesocean
{quote} Reloading short now.
Looks to be ready for next swing high
Attached Image (click to enlarge)
Click to Enlarge Name: 16_12_16_USD_CAD.jpg Size: 214 KB
  • #10,928
  • Dec 16, 2016 5:52am Dec 16, 2016 5:52am
For the moment it's retracing after the big move to the upside, but I don't think that's the end of the rally. I still have long positions open.
  • #10,929
  • Dec 19, 2016 9:33am Dec 19, 2016 9:33am
If supply holds then I would look below for demand targets
Attached Image (click to enlarge)
Click to Enlarge Name: UsdCad.png Size: 86 KB
  • #10,930
  • Edited 12:21pm Dec 19, 2016 10:40am | Edited 12:21pm
I think so too - if the pair breaks out above 1.3416 next target will be around 1.3440 - 1.3460. However, the overall bullish movement could continue until the pair reaches 1.3536, which is the previous high.
  • #10,931
  • Dec 19, 2016 3:14pm Dec 19, 2016 3:14pm
closed my long waiting for shorting opportunity +322 pips

last day of the trading year for me is tomorrow so make this short count
forex forex forex
  • #10,932
  • Dec 21, 2016 10:50am Dec 21, 2016 10:50am
I think I might still trade between Christmas and New Year if I see a good signal to open a trade, but I intend to that very cautiously. For now I have a short on this pair, TP is at 1.3380.
  • #10,933
  • Dec 22, 2016 5:07am Dec 22, 2016 5:07am
News day today
RB are out there to get you
ÂÂ
If you wonder how to trade, look at the uptrend this morning. Surprised???Â
The Canadian news will come WORSE. And you can bet your last loonie on that.
So uphill to 1.3460-70.
Sudden drop 30 minutes before news.
Spike up.
Another sudden drop. Stop hunt, don't worry
And go up,little, about 2-3 hours after the "news".
Â
That's my plan. Mind you, careful with fake loonie moves (all of them)....
Ideas?
Beware of robber banks (RB), bad advisors.
  • #10,934
  • Dec 22, 2016 5:28am Dec 22, 2016 5:28am
h4 and fibo
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD_H4.gif Size: 213 KB
  • #10,935
  • Dec 22, 2016 6:27am Dec 22, 2016 6:27am
That short position yesterday was a mistake. The pair is very bullish, I think that next target is at 1.3500 - 1.3520.
  • #10,936
  • Dec 22, 2016 11:27am Dec 22, 2016 11:27am
Quoting Not-KPMG
News day today RB are out there to get you If you wonder how to trade, look at the uptrend this morning. Surprised??? The Canadian news will come WORSE. And you can bet your last loonie on that. So uphill to 1.3460-70. Sudden drop 30 minutes before news. Spike up. Another sudden drop. Stop hunt, don't worry And go up,little, about 2-3 hours after the "news". That's my plan. Mind you, careful with fake loonie moves (all of them).... Ideas?
 
My wise words and a chart to explain better.
 
Mind you, if i don't see recognition, likes, etc.... i will stop helping.
Attached Image (click to enlarge)
Click to Enlarge Name: sketch-1482427246418.jpg Size: 277 KB
Beware of robber banks (RB), bad advisors.
  • #10,937
  • Dec 22, 2016 11:29am Dec 22, 2016 11:29am
Quoting dianajs
That short position yesterday was a mistake. The pair is very bullish, I think that next target is at 1.3500 - 1.3520.
Good.Â
Â
Maybe it is...
But WHY??
Because of bad cad or bad USA news??
If you look at indicators etc - useless. This is purely manipulated pair.
ÂÂ
Yes, now May do double top, if markets, oil fall or just drop. Stop hunt is king here.
Think of this and my chart above.
ÂÂ
Beware of robber banks (RB), bad advisors.
  • #10,938
  • Dec 23, 2016 5:03am Dec 23, 2016 5:03am
This morning spike at 7am.  illogical... 
So it's stop hunt.  
Therefore the direction is down
 
1.3496 now. Double top etc...
 
News will be good today. forecast says 0.1. 
I say better.
Let's see the RB in action
Beware of robber banks (RB), bad advisors.
  • #10,939
  • Dec 23, 2016 7:40am Dec 23, 2016 7:40am
any one have a idea where usdcad is headed ?
Drawdown is more important than Account Size !
  • #10,940
  • Dec 23, 2016 7:44am Dec 23, 2016 7:44am
Quoting procrude
any one have a idea where usdcad is headed ?
Headed to the NORTH-pole
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